NOT LISTED FOR SALE

124 W Albacore Way Lavallette, NJ 08735

Estimated Value: $478,000 - $548,000

2 Beds
1 Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold February 11, 2022

Last sale price $355,000

Est. 43% increase in value since last sale

Current estimated payment $3,345/month

35 Days on Market

Highlights

  • Cottage
  • Patio
  • 1-Story Property
  • Multiple cooling system units

About This Home

As of February 2022

Featured listing.... Do not miss this beautifully maintained cottage on OWNED LAND in Ocean Beach 3. Sold fully furnished, tile floor throughout. Home has been deemed substantially damaged by Tom River Township and must be raised or knocked down to be FEMA compliant. Seller does not carry flood policy and does not have an elevation certificate.

Last Listed By

Lisa Temple

Keller Williams Shore Properties License #1221682 Listed on: 11/16/2021

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,661

Year Built

  • Built in 1957

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 50 x 32

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Paved Parking

Utilities

  • Multiple cooling system units
  • No Heating
  • Electric Water Heater

Additional Features

  • 1-Story Property
  • Patio

Listing and Financial Details

  • Exclusions: Kitchen table, Adirondack chairs, personal properties, some decorations
  • Assessor Parcel Number 08-01109-16-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,661

Year Built

Built in 1957

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • New Construction: No
  • Year Built: 1957
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 50 x 32
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:None2: Yes
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: Kitchen table, Adirondack chairs, personal properties, some decorations
  • Exterior Features: Patio
  • Foundation Details: Slab

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel
  • General Property Info:Garage: No
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:None: Yes

Condo/Co-op/Association

  • Association Fee: 711.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 08-01109-16-00020

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4661.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Feb 11, 2022
Sold by
Hahn Robert L and Hahn Graceanne S
Bought by
Traina Brandon
Seller's Agent
Lisa Temple
Keller Williams Shore Properties
Buyer's Agent
Carolyn Lomolino
Keller Williams Valley Realty
List Price
$400,000
Sold Price
$355,000
Premium/Discount to List
-$45,000
-11.25%
Total Days on Market
35
Current Estimated Value
$509,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,076
Avg. Annual Appreciation
11.73%
Original Mortgage
$284,000
Outstanding Balance
$266,209
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$242,867

Purchase Details

Closed on
Aug 18, 1978
Bought by
Hahn Robert and Hahn Graceanne

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Lavallette, NJ

  • 115 W Amberjack Way, Lavallette, NJ 08735

    $399,000

    • 2 Beds
    • 1 Bath
    • 500 Sq Ft
    • 115 W Amberjack Way
    • Lavallette, NJ

    OCEAN BEACH III - COZY COTTAGE LOCATED 1 BLOCK FROM THE BEACH OR BAY !!!! FEATURES INCLUDE: 2 Bedrooms / 1 Bathroom, Separate Dining Area, Fenced in Outdoor Patio, Being Sold Furnished, Walking Distance to Shopping, Restaurants and Fun Activities !!! This home is located on Leased Land which can be a great Tax Write Off if rented Seasonally.

    Liberto Santonastaso Ocean Beach Sales

    Section Image
  • 31 E Cormorant Way, Lavallette, NJ 08735

    $619,000

    • 2 Beds
    • 1 Bath
    • 560 Sq Ft
    • 31 E Cormorant Way
    • Lavallette, NJ

    This ocean-block cottage has everything you need to enjoy a great summer! Completely furnished and only 7 houses to a private beach, with all the amenities: central air for hot summer days, washer and dryer and ceramic tile floors for easy sand cleanup. Built to the maximum size allowed in the community with high ceilings that give a comfortable airiness to the living areas. Bonus: the home comes

    Angela Serio Ocean Beach Sales

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Traina Brandon $355,000 Brightman Richard J
Hahn Robert $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Traina Brandon $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $355,000 -5.3% --
12/22/2021 12/22/21 Pending -- -- --
12/03/2021 12/03/21 Price Changed $374,900 -6.3% --
11/16/2021 11/16/21 For Sale $400,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,567 $321,600 $252,000 $69,600
2023 $5,368 $321,600 $252,000 $69,600
2022 $5,368 $321,600 $252,000 $69,600
2021 $4,682 $186,900 $146,600 $40,300
2020 $4,661 $186,900 $146,600 $40,300
2019 $4,459 $186,900 $146,600 $40,300
2018 $4,400 $186,900 $146,600 $40,300
2017 $4,362 $186,900 $146,600 $40,300
2016 $4,248 $186,900 $146,600 $40,300
2015 $4,088 $186,900 $146,600 $40,300
2014 $3,135 $150,600 $146,600 $4,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22136901

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01109-16-00020